Offsets Partnership / JVs with Indian MSMEs

Reaching Indian MSMEs for Offset Projects could be a tedious process. Whom should we Partner with, and for which Products / Services? This needs to be a transparent, totally professional and ethical approach, especially during due diligence of 'the to-be-partner' company. It needs to be one2one between Foreign OEM and the Indian MSMEs. Govt. should only intervene if the would-be company is blacklisted, or unethical. As regards its technical competence, financials, and other attributes, let Foreign OEM be the sole judge. This will make the MSMEs rise from start-up stage. It will avoid a great deal of inadequacies, and the OEM would then be wholly responsible and accountable for any lapses.

Implementation of the Offset Projects should be strictly monitored.